(a) Vasco Limited manufactures 3 products UV, DV and XV. Due to scarcity of machine hours,...

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(a) Vasco Limited manufactures 3 products UV, DV and XV. Due to scarcity of machine hours, management of Vasco Limited is planning to adopt throughput accounting in the company. Information relating to products are as follows: UV DV XV 5,000 4,000 3,500 2,500 2,500 2,000 5 6 4 3,000 units 4,000 units 2,000 units Total factory cost is 1,05,00,000 and available machine hours are 35,000 hours. Vasco Limited has to supply 2,500 units of product DV to Alfa Limited as per a court judgement which cannot be denied. Required (i) Rank the products using throughput accounting and PREPARE a statement showing optimal mix for maximization of profit. (5 Marks) Selling price per unit Material Cost Machine Hours required Maximum annual demand (ii) Whether court judgement has affected the optimum plan of profit of the company, if yes, by which amount? (2 Marks) (3 Marks) (5 Marks) (iii) BRIEFLY explain 3 operational measures of theory of constraints. (b) DISCUSS the effect of Budget difficulty on Performance Evaluation. Kingstorm & Co. manufactures industrial tools. Management is having emphasize on quality and well-known name among customers. The following details are provided by the kingstorm: Process Time 2 days for batch Move time Wait time 0.5 days per batch 3 days per batch 1.5 days per batch 4.5 days per batch 40 Units Inspection time Queue time Units per batch You are required to (i) CALCULATE manufacturing Cycle Efficiency (MCE) and INTERPRET it. (ii) Manufacturing Cycle Time. Delivery Cycle Time. (2 Marks) (1 Mark) (1 Mark) (iv) CALCULATE the New Manufacturing Cycle Time and Manufacturing Cycle Efficiency (MCE) if queue time is eliminated to 3 days using lean production. (1 Mark) (c) What is Oligopoly market structure? DISCUSS the various pricing strategies and non pricing strategies in oligopoly market structure. (5 Marks) (a) Vasco Limited manufactures 3 products UV, DV and XV. Due to scarcity of machine hours, management of Vasco Limited is planning to adopt throughput accounting in the company. Information relating to products are as follows: UV DV XV 5,000 4,000 3,500 2,500 2,500 2,000 5 6 4 3,000 units 4,000 units 2,000 units Total factory cost is 1,05,00,000 and available machine hours are 35,000 hours. Vasco Limited has to supply 2,500 units of product DV to Alfa Limited as per a court judgement which cannot be denied. Required (i) Rank the products using throughput accounting and PREPARE a statement showing optimal mix for maximization of profit. (5 Marks) Selling price per unit Material Cost Machine Hours required Maximum annual demand (ii) Whether court judgement has affected the optimum plan of profit of the company, if yes, by which amount? (2 Marks) (3 Marks) (5 Marks) (iii) BRIEFLY explain 3 operational measures of theory of constraints. (b) DISCUSS the effect of Budget difficulty on Performance Evaluation. Kingstorm & Co. manufactures industrial tools. Management is having emphasize on quality and well-known name among customers. The following details are provided by the kingstorm: Process Time 2 days for batch Move time Wait time 0.5 days per batch 3 days per batch 1.5 days per batch 4.5 days per batch 40 Units Inspection time Queue time Units per batch You are required to (i) CALCULATE manufacturing Cycle Efficiency (MCE) and INTERPRET it. (ii) Manufacturing Cycle Time. Delivery Cycle Time. (2 Marks) (1 Mark) (1 Mark) (iv) CALCULATE the New Manufacturing Cycle Time and Manufacturing Cycle Efficiency (MCE) if queue time is eliminated to 3 days using lean production. (1 Mark) (c) What is Oligopoly market structure? DISCUSS the various pricing strategies and non pricing strategies in oligopoly market structure. (5 Marks)

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